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claim: There was a constant buzz of excitement with crowds behind the announcers and a wait for the victor to claim the spoils in that very room, according to Australian Broadcasting Corporation. ADVERTISEMENT div class ad-sidelink See your ad here /div It reminds us that the ABC is an institution, a piece of our democratic process and much more than a pesky competitor for attention against the Murdoch news machine. Once upon a time, the ABC coverage of a federal election was held in the tally room, the front end of the counting area run by the Australian Electoral Commission. On Saturday night, the ABC had 30.6% of the audience, reaching 5.3m people between late afternoon and midnight. In the digital realm, the ABC was ahead too, with a unique audience of 2.7m, which climbed to 2.9m on Sunday. Many of them were probably flicking back and forth across channels and dipping into the evening sport, but the number is still impressive. (news.financializer.com). As reported in the news.

climate change: Search Full Refrigeration funds reduce the temperature in the air, while the media measures may reduce the temperature in the air 0525 ed of Climate Change & & natural New York world tormented vice admiral Mark change justice media climate change, editors' choice, media support fund, rex ; window.ia window.ia function window.ia.q window.ia.q .push arguments ; ; ia track PAGE VIEW ; .pm layouts news ticker only screen and only screen and var Postmedia Postmedia ; ; 0; false; user Identities ; false; jQuery document .ready function apstag.fetch Bids slots slotID 'gpt-oop', sizes 1,1 function bids / trigger the first request to DFP / googletag.cmd.push function var gpt oop googletag. define OutOfPage Slot 'gpt-oop' ; gpt oop .add Service googletag.pubads .set Targeting 'loc' top ; apstag.set Display Bids ; pn Just InTime.route ad id ' gpt-oop ', pixels away 100, pixels away count 1, mode 'down', refresh enabled ' on ', refresh count 5, refresh time 30, gpt-oop, gpt-impulse, gpt-impulse-mobile, gpt-bigboxtop, gpt-leaderboard ', correlator sync off admode ' ', ad data 'null', adslot gpt oop, ias targeting ; ; ; ; jQuery document .ready function apstag.fetch Bids slots slotID 'gpt-wallpaper', sizes 4,4 function bids / trigger the first request to DFP / googletag.cmd.push function var gpt wallpaper googletag. define Slot 4,4 'gpt-wallpaper' ; ad Slots.push gpt wallpaper ; gpt wallpaper .add Service googletag.pubads .set Targeting 'loc' top ; apstag.set Display Bids ; pn Just InTime.route ad id ' gpt-wallpaper ', pixels away 100, pixels away count 1, mode 'down', refresh enabled ' on ', refresh count 5, refresh time 30, gpt-oop, gpt-impulse, gpt-impulse-mobile, gpt-bigboxtop, gpt-leaderboard ', correlator sync off admode ' ', ad data 'null', adslot gpt wallpaper, ias targeting ; ; ; ; Sign InSubscribe Search National Post ... News All Comment Sports All SportsNHLAll NHLVancouver Canucks Calgary Flames Edmonton Oilers Winnipeg Jets Toronto Maple Leafs Ottawa Senators Montreal Videos Tennis Culture All Life Health Homes Eating & Drinking Style Travel Life By Post Video jQuery document .ready function apstag.fetch Bids slots slotID 'gpt-leaderboard', sizes 728,90 970,90 970,250 1200,90 1200,250 function bids / trigger the first request to DFP / googletag.cmd.push function var gpt leaderboard googletag. define Slot 'gpt-leaderboard' ; ad Slots.push gpt leaderboard ; gpt leaderboard .add Service googletag.pubads .set Targeting 'loc' top ; apstag.set Display Bids ; pn Just InTime.route ad id ' gpt-leaderboard ', pixels away 100, pixels away count 1, mode 'down', refresh enabled ' on ', refresh count 5, refresh time 30, gpt-oop, gpt-impulse, gpt-impulse-mobile, gpt-bigboxtop, gpt-leaderboard ', correlator sync off admode ' ', ad data 'null', adslot gpt leaderboard, ias targeting ; ; ; ; Rex Murphy The freeze and fudge funds are a 'win-win-win' for Liberals Refrigeration funds reduce the temperature in the air, while the media measures may reduce the temperature in the air waves Loblaws is receiving funds from the federal government's Low Carbon Economy Fund to help pay for the retrofitting of freezers, according to MSNBC. Postmedia News Rex Murphy May 24, 20191 15 PM EDTFiled under Full Share this story Rex Murphy The freeze and fudge funds are a 'win-win-win' for Liberals Tumblr Pinterest Google Linked InGreat news. Search Postmedia. After only a few weeks, the Department of Climate Change is reporting its grant of 12 million to the Weston family, which owns Loblaws a.k.a. Initially, this put a chill on the whole project and was certainly a blow to the middle class and all those hoping to join it. Loblaws Refrigeration and Meat Lockers is the greatest thing since sliced bread which by happy coincidence you may get at Loblaws, too . It is acknowledged the grant has not, in any way measurable by current technology, or even by the furiously accommodating climate-change models of the IPCC, lowered the temperature of the whole world, or indeed any continent thereof. (news.financializer.com). As reported in the news.

crime dems: I don't know why the Radical Left Democrats want Bob Mueller to testify when he just issued a 40 Million Dollar Report that states, loud & clear & for all to hear, No Collusion and No Obstruction how do you Obstruct a NO crime Dems are just looking for trouble and a Do-Over! Trump said, according to MSNBC. I don't know why the Radical Left Democrats want Bob Mueller to testify when he just issued a 40 Million Dollar Report that states, loud & clear & for all to hear, No Collusion and No Obstruction how do you Obstruct a NO crime Dems are just looking for trouble and a Do-Over! Donald J. Trump real Donald Trump May 24, 2019This comes after House Judiciary Committee Chairman Jerrold Nadler D-N.Y. on May 23 said Mueller is willing to testify in front of Congress, but behind closed doors. Alex Brandon and Charles Dharapak/AP Trump Criticizes House Democrats for Trying to Get Mueller to Testify By Janita Kan May 24, 2019 Updated May 24, 2019 Share President Donald Trump has criticized House Democrats for wanting special counsel Robert Mueller to testify before the House Judiciary Committee, saying Mueller's more than 400-page report has already made a clear finding that there was no collusion between the Trump administration and Russia to interfere in the 2016 presidential elections. House Democrats have been demanding Mueller and other key witnesses testify in front of Congress after the special counsel's report concluded there was no evidence that the Trump administration colluded with Russia. According to sources, Mueller has been hesitant to set a firm date for the hearing because he was seeking instructions on what he can share publicly beyond his redacted report that was released last month, reported Politico. The Democrat-led judiciary committee has struggled to get Mueller to come in to testify on his report after negotiations with the special counsel's team for the past several weeks. (news.financializer.com). As reported in the news.

harvard professor: Harvard professor representing Harvey Weinstein says people deemed 'vile' deserve defense It allocates about 14 million for legal fees to Weinstein associates who are named as defendants in the lawsuits, according to CNN. The remaining 30 million will go to alleged victims, creditors and former employees of the Weinstein Co., a source with direct knowledge of the settlement tells CNN. We now have an economic agreement in principle that's supported by the plaintiffs, the New York Attorney General's office the defendants and all the insurers, that if approved will provide significant compensation to victims, creditors of the estate, and allow the parties to avoid years of costly, time consuming, and, you know, uncertain litigation on all sides, Adam Harris, the attorney for Bob Weinstein, told Judge Mary Walrath of the US Bankruptcy Court in Wilmington. The attorneys told a Delaware bankruptcy judge Thursday they have a deal that will be paid by insurance policies -- not the disgraced movie mogul. Bob Weinstein is a co-founder of Weinstein Company and brother to Harvey Weinstein. The suit also alleges employee-victim accounts of sexual harassment, intimidation and other misconduct, the attorney general's office said in a statement. Read More New York AG's office filed the civil lawsuit The New York Attorney General's office filed a civil lawsuit last year, saying the Weinstein brothers and their company committed egregious violations of New York's civil rights, human rights, and business laws. (news.financializer.com). As reported in the news.

innovation-oriented policies: The country had remained a world leader in invention patent applications for seven consecutive years by the end of 2017, with the application number reaching 1.83 million, according to Wang, according to Global Times China. Various measures have been unveiled to improve enterprises' innovation capabilities, including establishing a series of innovation centers and laboratories, increasing support for enterprises in key fields and optimizing innovation-oriented policies. Enterprises' research and development R&D investment accounts for above 70 percent of the country's total R&D investment, with more than 40 percent of major industrial enterprises conducting technological innovation activities, said Wang Zhijun, vice minister of Industry and Information Technology, at a press briefing. To further encourage enterprises to innovate, the country will place greater emphasis on innovation in enterprises' development, and urge them to increase R&D investment with more tax cuts, fund and loan issuances for innovation projects. While enhancing resource sharing on various research platforms, the country will promote the application of scientific achievements, encourage domestic enterprises to carry out international innovation cooperation and intensify the protection of intellectual property. More efforts will be made to facilitate the research on core technologies, accelerate the intelligent, green and service-oriented upgrading of manufacturing industry, and advance the integrated development of manufacturing industry and industrial internet, Wang said. (news.financializer.com). As reported in the news.

court documents: Fujinaga blamed changes in the dollar-to-yen exchange rate for problems while heading MRI International Inc. for more than a decade, according to The Japan Times. He said he was trying to clean up a corrupt medical accounts payable industry, and that he is now so despondent that he has to take medication. Chief U.S. District Judge Gloria Navarro described as offensive Fujinaga's efforts to apologize and present the crimes as the result of error. The judge rejected his explanation, and acknowledged that the severity of his crimes approached those of convicted U.S. Ponzi schemers Bernard Madoff in New York, Allen Stanford in Houston, and Scott Rothstein in Miami. They put him on par with Rothstein, who is serving 50 years in a 1.2 billion case. In court documents, prosecutors ranked Fujinaga several notches below Madoff, who was sentenced to 150 years in prison for swindling thousands of investors out of at least 20 billion, and Stanford, who is serving 110 years for a scheme involving more than 7 billion. (news.financializer.com). As reported in the news.

exchange-traded products: The plan, which would temporarily allow the BOJ to lend ETFs to market participants, was a meaningless gesture, Koll said in a phone interview, according to The Japan Times. What money managers really need is detail on how the central bank intends to eventually wind down its ETF holdings, he said. ; It's a giant yawn, said Koll, who has also been critical of the BOJ's ETF program in the past. That's the view of Jesper Koll, Japan-based senior adviser with Wisdom Tree Investments Inc., a provider of exchange-traded products. It doesn't give me a new tool, it doesn't solve any problems or answer any questions. Initially announced in one sentence on the last page of its April 25 statement on monetary policy, the purpose of the proposed plan to temporarily lend ETFs to market participants left many traders puzzled, while others speculated if the facility could allay liquidity concerns. The BOJ declined to comment. (news.financializer.com). As reported in the news.

localization rewind: Christened Alexander Boris de Pfeffel Johnson, he is known to the British public simply as Boris, recognized by a trademark mop of unruly blonde hair and a bumbling, gaffe-prone speaking style, according to Deutsche Welle. Watch video Share ; DW PLAYER.localization rewind Back 10 seconds settings Settings hd Quality fullscreen Full screen cc Closed captions next Up Next up playlist Playlist pause Pause play Play player Video player prev Previous next Next close Close replay Replay volume Volume ; Share May's Exit over Brexit Send Facebook Twitter google Whatsapp Tumblr linkedin stumble Digg reddit Newsvine Permalink exit over Brexit For many years, commentators warmed to his eccentricities, including a passion for cycling, disheveled suits and a legendary lack of punctuality. And yet today, Boris Johnson, this most cosmopolitan of English politicians, is the Conservative figurehead of Great Britain's chaotic withdrawal from the European Union and the man tipped to succeed Theresa May as prime minister after she steps down on June 7. Voters forgave the political stunts he was famously pictured dangling stranded on a zipwire during the 2012 London Olympics and even his weakness for beautiful, smart women. But as Theresa May has learned this year, it is dangerous to dismiss Boris Johnson as a clown. London's tabloids nicknamed him 'Bonking Boris' for a string of extramarital affairs. (news.financializer.com). As reported in the news.

market strategists: The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, edged 0.63 point, or 0.04 percent, higher to finish at 1,541.21, according to Global Times China. Trading here inherited a negative tone from Wall Street's overnight sell-off, as investors switched out of riskier assets and into safe havens, amid growing concerns over global trade issues and the potential impact on the course of the world economy, market strategists here said. The 225-issue Nikkei Stock Average lost 33.92 points, or 0.16 percent, from Thursday to close the day at 21,117.22. The market mood was further dragged down by data released by global research firm IHS Markit showing that business activity growth had faltered in the eurozone, United States and Japan. Also helping to cap losses was investors switching to domestic-demand driven issues that are not exposed to macroeconomic turbulence, such as cyclical issues, traders here said. Losses were trimmed in later trade, however, as the yen retreated against the US dollar, which is always a boon for exporters as they rely on a weaker yen to boost profits when repatriated and stay competitive in overseas markets, local equity analysts highlighted. (news.financializer.com). As reported in the news.

pound: But sterling has dropped 2.9% this month against the US dollar and is the worst performer of the world's 10 major currencies, according to CNN. It's also been on a losing streak against the euro, and there's little sign of the pressure easing up any time soon. The pound edged higher to almost 1.27 on Friday following May's announcement that she'll step down in June after failing in her bid to secure Britain's exit from the European Union. That's because whoever succeeds May as prime minister will face the same Brexit nightmare. And the current deal, negotiated by May, faces seemingly insurmountable opposition in Britain's parliament. The European Union has said it's done discussing the terms of Britain's departure. (news.financializer.com). As reported in the news.

japan: TOKYO Flying nearly 7,000 miles is not President Donald Trump's idea of a good time, according to Asahi Shimbun. But he departed for Japan on Friday giddily anticipating what he promised a day earlier would be the biggest event they've had in over 200 years that is, his own meeting with the country's new emperor. This article was based on a trip sponsored by the independent, nonprofit Foreign Press Center Japan. While his hosts may not view Trump's visit as quite so momentous, it is a crescendo in the remarkable campaign of flattery and cajoling waged by Japan's prime minister, Shinzo Abe. Since then, Abe has golfed with Trump three times; visited Mar-a-Lago twice; gifted him a golf club worth nearly 3,800; dropped in on First Lady Melania Trump's birthday dinner; and even, according to Trump himself, nominated Trump for a Nobel Prize. Story Continued Below Trump had not yet been inaugurated when Abe hopped on a plane, uninvited, to meet with the president-elect at Trump Tower. (news.financializer.com). As reported in the news.

mining magnate: But hours after the WA Supreme Court ruled CITIC Pacific Mining must pay Palmer millions in past and future royalties from Australia's largest iron ore project in WA, the mining magnate took aim at the state's premier Mark McGowan, according to The Guardian. Palmer's weapon of choice was an online video, published on Vimeo and disseminated on social media, accusing the WA Labor government of wanting to change the law to favour a communist Chinese government-owned company over an Australian one. This time his target is not Canberra, but Western Australia, where, on the back of his election defeat, he claimed a legal victory over his Chinese business partners. Chinese communist, government-owned companies should not be allowed to destroy Australian companies or take their property, Palmer states in the video. While the video's message was simple, the real story has more twists and turns than a Hollywood disaster movie. Public officials need to be loyal to Australia and their oath of office and protect the rule of law and our democracy. (news.financializer.com). As reported in the news.

security standpoint: Huawei is something that's very dangerous from a security standpoint, Trump told reporters Thursday, according to CNN. But then he floated the idea of using the Chinese tech firm as leverage in the ongoing trade negotiations with China. The comments, which appear to run counter to Washington's hardline policy on Huawei, come just a week after the US Department of Commerce placed the company on a trade blacklist, effectively barring it from conducting business with US companies. It's possible that Huawei even would be included in some kind of trade deal, Trump said. Read More Huawei could be the first big casualty of China's clash with America The United States has long branded Huawei the world's largest telecommunications equipment maker and the No. 2 smartphone brand as a security risk. If we made a deal, I can imagine Huawei being included in some form of, some part of a trade deal. (news.financializer.com). As reported in the news.

snakebite research: The consortium will seek an antidote comprised of humanised antibodies rather than conventional animal-based therapies, which can sometimes cause adverse effects in snakebite victims, said Prof Robert Harrison, who heads the centre for snakebite research and interventions at the Liverpool School of Tropical Medicine, according to The Guardian. We're pursuing what we call the next generation' of snakebite therapies, which we hope will be able to treat bites from any snake in Africa or India, in a community setting, and without the need for a cold chain, said Harrison. A new consortium of venom specialists in India, Kenya, Nigeria, Britain and the US will locate and develop antibodies to treat critical illness from snakebites, which harm nearly 3 million people worldwide each year. Facebook Twitter Pinterest A carpet viper rests on the ground in Kenya's Baringo county, where venomous snake attacks are frequent. This can cause adverse side effects and, because of that, the antivenom has to be administered in a hospital setting. Photograph Tony Karumba/AFP/Getty Images The conventional method of producing antivenom to treat snakebite involves purifying antibodies from venom-immunised horses or sheep and injecting this into patients. (news.financializer.com). As reported in the news.

performance thursday: It fell 5.63 points on Thursday, according to The Japan Times. The Nikkei average opened below 21,000, falling past the line for the first time since May 16 on an intraday basis, due to the yen's firming and the poor performance Thursday of U.S. equities, brokers said. The key 225-issue Nikkei average dropped 33.92 points, or 0.16 percent, to end at 21,117.22, after tumbling 132.23 points on Thursday. ; On the other hand, the Topix index of all first-section issues finished up 0.63 point, or 0.04 percent, at 1,541.21, rising for the first time in four days. The Wall Street drop reflected lower-than-expected readings for the May manufacturing purchasing managers indexes for Germany, the eurozone and the United States, announced by IHS Markit on Thursday, brokers said. Soon after the dismal start, the Nikkei lost as much as about 230 points. The U.S. and Japanese stock markets remained under pressure from the trade conflict between the United States and China, the world's biggest and second-biggest economies, they said. (news.financializer.com). As reported in the news.

production: It had said last month that weakness is seen recently in exports and industrial production in some sectors, according to The Japan Times. The downgrading followed a lowered assessment in March, when the Cabinet Office cut the headline assessment for the first time in three years. The Japanese economy is recovering at a moderate pace while weakness in exports and industrial production continues, the Cabinet Office said in a monthly report. ; It maintained its view that the economy is seeing a moderate recovery on improving employment conditions and robust corporate earnings, but slightly changed its wording on exports and production from the previous report. Looking ahead, the latest report warned that further attention should be given to the fallout for the world economy from the U.S.-China trade war. The expression was employed for the first time in more than six years. Earlier this month, the Cabinet Office said in a different assessment that the world's third-largest economy has been worsening. (news.financializer.com). As reported in the news.

river reit: The Times British investor New River Reit has launched a partnership with Pimco's Bravo Strategies III, a private equity-style fund, with the acquisition of four retail parks in Aberdeen, Dundee, Inverness and the Isle of Wight for 60.5 million 76.6 million and plans to boost the portfolio to about 500 million of assets over the next few years. bit.ly/2HOFpdX British members of parliament are set to summon private equity Greybull Capital, former owners of British Steel, to answer questions over the collapse of Britain's second largest producer. bit.ly/2VW80rL The Guardian Uber Technologies Inc is to launch its electric bike hire scheme in the UK, trialling Jump bikes in London through its app, placing 350 bright red e-bikes in Islington and hoping to expand to other London boroughs in the coming months. bit.ly/2VYcKx9 Lloyds Banking Group Plc's Chief Executive Officer Antonio Horta-Osorio has been summoned before members of parliamnet over executive pension payments that have allowed him to pocket an extra 419,000 pounds 530,600 a year on top of his 1.3 million pounds 1.65 million basic salary. bit.ly/2VZSOdf The Telegraph Deliveroo is on track to create 70,000 jobs in UK restaurant sector by next year, providing some relief to a market racked with uncertainty as a flurry high street chains battle to stay afloat, a report from Capital Economics commissioned by the company claimed. bit.ly/2W27CYE B&M European Value Retail SA Chief Executive Officer Simon Arora said the company was not talking about mergers and acquisitions, after speculation that the discount chain could launch a reverse takeover of Asda following the collapse of its merger with rival supermarket Sainsbury's. bit.ly/2VXB6qw Sky News Triton, which bought the travel company Sunweb Group last December, is in talks with Thomas Cook Group Plc about a takeover of its Nordic airline and tour operator that could help the British company improve its fragile financial outlook, Sky News has learnt. bit.ly/2VZZJ5T England's National Health Service has made a revised offer to Vertex Pharmaceuticals Inc, the manufacturer of cystic fibrosis drug Orkambi, a treatment which families and campaigners say could transform lives. bit.ly/2HQyCAA The Independent British MP Nic Dakin warned Britain could be held to ransom by other steel producing nations if British Steel's Scunthorpe plant, one of the UK's few remaining major steel plants were to close. ind.pn/2W0RSoU 1 0.7900 pounds Compiled by Bengaluru newsroom; Editing by Lisa Shumaker Our Standards The Thomson Reuters Trust Principles, according to The Independent. Reuters has not verified these stories and does not vouch for their accuracy. (news.financializer.com). As reported in the news.

trading session: How did the major benchmarks fare The Dow DJIA, 0.37% gained 95.22 points, or 0.4%, to 25,585.69, while the S&P 500 index SPX, 0.14% climbed 3.82 points, or 0.1%, to 2,826.06, according to Market Watch. The Nasdaq Composite Index COMP, 0.12% advanced 8.72 points, or 0.1%, to 7,637.01. The Dow Jones Industrial Average, however, fell for a fifth week straight, logging the longest weekly losing streak since June 2011, according to Fact Set data. For the week, all indexes ended lower with the Dow off 0.7%, the S&P 500 down 1.2% and the Nasdaq 2.3% lower. Total composite volume on the stock exchange was its lowest 5.279 billion shares changed hands since Nov. 23, the trading session after Thanksgiving. DJIA, 0.37% U.S. markets will be closed Monday for Memorial Dayholiday. (news.financializer.com). As reported in the news.

care: A magic number for retirement saving and investing Here's a way to simplify a critical concept for building financial independence in the face of financial-industry complications. 3, according to Market Watch. An innovative way to be prepared for in-home long-term care It is logical to prefer to receive long-term care at home, but preparing for it can be complicated, and long-term-care insurance may not get the job done. Steps to take as you plan for, and begin, your retirement Kicking off Market Watch's Best New Ideas in Retirement series, Jonathan Burton provides a detailed plan on how to prepare psychologically for life after your career ends. 2. Here's a new way you or a loved one can prepare and pay for long-term care at home. 4. Here's a way to profit on Tesla if the stock pops or sinks to zero. 5. Investing in Tesla with lower risk Tesla's TSLA, -2.49%bonds may be better investments than the shares for those who believe the electric-car maker will survive. (news.financializer.com). As reported in the news.

sources: The suspect was captured on security video leaving a bag in front of a bakery shortly before an explosion occurred at around 5.30pm local time on Friday 1.30am AEST police sources and local mayor Denis Broliquier said, according to Nine News Australia. Most of those hurt were hospitalised for treatment to leg injuries that were described as light. To improve your experience update it here News World French police hunt suitcase bomber after Lyon blast By Associated PressAAP8 55am May 25, police are hunting a suspected suitcase bomber after an explosion in the central city of Lyon that injured 13 people. Thirteen people have been wounded following an explosion on a busy street in the French city of Lyon. EPA President Emmanuel Macron characterised the incident as an attack when the news broke during a live You Tube interview ahead of Sunday's European elections. AP President Emmanuel Macron characterised the incident as an attack when the news broke. (news.financializer.com). As reported in the news.

space: The asteroid, known as 1999 KW4, will make its closest approach to our planet on Saturday, but it's important to note that that distance means something different to space folks, who work on a galactic scale, according to Nine News Australia. The European Space Agency says it will be 5,182,024 km away - more than 13 times the distance between the Earth and the Moon. To improve your experience update it with its own moon will swing by Earth this weekend By CNN11 54am May 24, 2019Facebook Tweet MailA huge double asteroid is streaking toward Earth, but scientists say it will pass by with plenty of room to spare. The asteroid 1999 KW4 will swing past Earth. The larger one is just under a mile in diameter and its companion asteroid moon is about a third of that size. Supplied It's called a bianary system, because there are two asteroids that are gravitationally bound together. (news.financializer.com). As reported in the news.

trade tensions: At the moment, Australian firms are benefiting from the trade tensions between the two great nations, with China seeking other sources for commodities like LNG and beef to avoid new US tariffs, according to Nine News Australia. Australian beef exports to China have risen by about 50 per cent over the past year, while the country has drastically slashed its LNG imports from the US and companies down under hope to fill that gap. To improve your experience update it here News National No trade guarantee from US to Aussie firms By AAP12 32pm May 24, 2019Facebook Tweet Mail The US cannot give Australian companies any guarantees they won't be hit when a trade deal is finally reached with China. But there are no assurances the Americans would consider the flow-on effects for their allies should they guarantee a level of imports in any deal with China. Nevertheless, he doubted much would change America's strong economic relationship with Australia. I'm not sure it's my specific role or even the role of the United States to give those kind of assurances you're looking for, acting assistant secretary of state W Patrick Murphy told reporters in Canberra on Friday. (news.financializer.com). As reported in the news.

llc: Capwealth Advisors Llc who had been investing in Oaktree Cap Group Llc Unit Cl for a number of months, seems to be less bullish one the 6.95 billion market cap company, according to MSNBC. The stock increased 0.37% or 0.18 during the last trading session, reaching 48.71. The institutional investor held 11,383 shares of the finance company at the end of 2018Q4, valued at 452,000, down from 23,508 at the end of the previous reported quarter. About 461,246 shares traded. It has underperformed by 0.25% the S&P500. Oaktree Capital Group, LLC OAK has risen 4.12% since May 24, 2018 and is uptrending. (news.financializer.com). As reported in the news.

trump administration: The Daily Telegraph The US Federal Reserve has said that it will not bail out the Trump administration as the trade war expands, according to The Guardian. Financial Times Deutsche Bank's chief executive Christian Sewing is preparing a radical overhaul of its ailing corporate and investment bank. The Times Global equity markets traded sharply lower last night after fears that trade relations between the US and China could worsen soured investor sentiment. Financial Times US activist investment group Value Act has urged Merlin Entertainments to seek a buyer to take it private. Business and economics Daily Mail Retailer B&M plans to open 50 new stores across Britain, bucking the trend of the failing High Street. The Daily Telegraph European private equity giant Triton has made a bid for Thomas Cook's Scandinavian business, providing a much-needed boost to its parlous financial situation. (news.financializer.com). As reported in the news.

andrea leadsom: May said she was sorry Leadsom had quit, while rejecting her reasons for doing so, according to The Japan Times. The premier's office said she would stay focused on delivering Brexit. ; Leadsom and other ministers spent much of Wednesday in private talks plotting to kill May's last-gasp plan to use a possible second referendum to get her divorce agreement through Parliament. Andrea Leadsom resigned late on Wednesday, saying she no longer believed the government's approach will honor the result of the 2016 referendum. As the pro-Brexit faction within May's Cabinet discussed how to coordinate their revolt, the most senior rank-and-file members of her Conservative Party held a crisis meeting to weigh up whether to throw her out. Both the Times and Daily Mail reported May is expected to announce the timetable for her departure on Friday, though one of the premier's aides rejected that idea, according to the BBC. Wednesday was a day when May's authority appeared visibly to drain away. The pound fell as investors braced for the prospect that a pro-Brexit hard-liner will succeed May, and could rip Britain out of the European Union with no deal to cushion the blow. (news.financializer.com). As reported in the news.

brian belski: We would continue to tell clients not to invest in their portfolio with respect to trade fears, rhetoric and innuendo, and instead stick to your process and discipline, Belski said in a recorded presentation to clients Wednesday, according to Market Watch. And if the market gives you an opportunity to buy those stocks that your process and discipline tell you to own longer term, you should be buying more of those. But according to Brian Belski, chief investment strategist at BMO Capital Markets, the nearly 5% decline in the S&P 500 SPX, 0.14% in May has largely been an overreaction, as the evidence so far says that the U.S.-China trade spat has had little effect on the bottom lines of U.S. multinational companies. Belski points out that while the 25 S&P 500 companies with the largest share of sales to China have been punished this month by investors, the recent news hasn't caused analysts of those companies to lower their profit outlooks, or to significantly lower their price targets. Revenue and earnings estimates have not changed at all, Belski added. BMO Capital Markets Caption outside of wrapper for normal article images Analysts have cumulatively cut their price targets for the 25 companies with the largest revenue exposure to China by just 0.5% so far this month, in contrast to the 9.5% decline in the prices of those stocks. (news.financializer.com). As reported in the news.